Tax Law News. Crime Stories, Law on News and Legal Publications in November, 2011

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David Williams' father-in-law gives another $1.5 million to political committee
Louisville Courier-JournalNovember 1, 2011

The father-in-law of Republican gubernatorial candidate David Williams has contributed $1.5 million more to a political committee that is paying for most of the broadcast advertising advocating Williams' election. Terry Stephens, a Russell Springs ...more »

Law Offices of Howard G. Smith Announces Class Action Lawsuit Against HCA ...
Bradenton HeraldNovember 1, 2011

Specifically, the Complaint alleges that the Registration Statement and Prospectus failed to disclose that: (a) the Company improperly accounted for its prior business combinations in violation of Generally Accepted Accounting Principles, ...more »

Tax Law News and Stories

Audit Defence
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Real estate lawyer Michael Eddings closes firm amid audit
Columbus Ledger-EnquirerNovember 2, 2011

“Audits for real estate law practices are very common and routine,” he added, saying he'd discuss the matter after the audit is complete. Carrie Navarifar, a First American spokeswoman, said the company does not comment on “internal matters. ...more »

Irs Filing & Compliance
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Asheville-Buncombe Technical Community College foundation donation OK
Asheville Citizen-TimesNovember 4, 2011

But the government's 2008 statement, announcing that its Political Activities Compliance Initiative would be in place for the election that year, was clear. The IRS said it has worked to explain the rules to nonprofits during every presidential ...more »

Business Audit Defence
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Roanoke Police Department accredited again
Roanoke TimesNovember 22, 2011

The department received a mark of excellence after a thorough audit by an independent group. By Jorge Valencia An independent law enforcement auditing group approved the Roanoke Police Department's policy book and practices Saturday, giving them a mark ...more »

Personal Irs Disputes
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Swindled Montreal company gets $68589 in fraud case
Montreal GazetteNovember 16, 2011

Aaron Wilmot, along with his co-accused, US lawyer Lynn Marie Abreu, were charged with one count of wire fraud in January and both pleaded guilty, according to a statement from the Internal Revenue Service in Seattle. Wilmot, 59, was sentenced last ...more »

Property Taxes
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State Property Tax Law Change In MN
FOX 21 OnlineNovember 2, 2011

...tax credit, they're homesteading their home will see a significant hit from the state legislature,” said St. Louis County Commissioner Steve O'Neil. For more information about the states law change click on the featured links tab on our website.more »

Corporate Income Taxes
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Nicor Reports 2011 Preliminary Third Quarter Earnings and 2011 Annual Outlook
MarketWatch (press release)November 1, 2011

In addition, operating and maintenance expense reflected a net decrease of $13.8 million for amounts related to the revenue recognized under the bad debt rider, the energy efficiency rider and the franchise gas rider. Expense associated with these ...more »

Sales Tax & Use Tax
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Early Voting in Walton County Ends Today
Patch.comNovember 4, 2011

Shall a special one percent sales and use tax be imposed in the special district consisting of Walton County for a period of time not to exceed 24 calendar quarters and for the raising of an estimated amount of $60000000 for the purpose of funding the ...more »

Estate Taxes & Gift Taxes
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Flood property tax relief available
Wilkes Barre Times-LeaderNovember 7, 2011

Tony Alu, director of the Luzerne County Assessor's Office, said a “Catastrophic Loss” clause in the tax law gives property owners an additional six months from the original Sept. 1 deadline to appeal their 2011 property assessment to the Luzerne ...more »

Tax Evasion Defence
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Owner of Salinas real estate company faces tax evasion charges
Monterey County HeraldNovember 3, 2011

A prominent Salinas businesswoman has been indicted on federal tax evasion charges, the US Attorney's office announced Thursday. Cheryl Ann Savage, a resident of Monterey and owner of Steinbeck Real Estate in Salinas, was released on ...more »

International Taxation
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Perry's tax plan loses near $1 trillion: report
ReutersNovember 1, 2011

The Texas governor has seen his popularity fall while Cain has moved ahead with his so-called 9-9-9 plan for radically altering current taxation methods. Perry's optional flat tax plan would cost about $570 billion in foregone federal revenues if ...more »

Tax Planning
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Planning before voting
Cullman Times OnlineNovember 3, 2011

That's a good reason — and a wise one — for the Cullman County Board of Education to develop detailed plans of how additional tax money would be used for the county school system. The board and Superintendent Billy Coleman started moving forward with ...more »

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